CTP central petroleum limited
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Ann: Dukas-1 Well Spuds, page-40

  1. justinmetals
    8,415 Posts.
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    26/04/19
    15:31
    Post #: 38278768
    It’s hard to believe we’re still priced like a spec isn’t it?

    I think 2P reserves are the main issue. If sales margins and PV testing and associated reserves upgrade are fully lit then CTP should pop at least 1.5 times somewhere north of 20c followed by tripling upon Dukas elephant testing
    Last edited by justinmetals: 26/04/19
    CTP Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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